Crime
DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts
Justice Department says it froze or seized $580M in three months by hitting scam infrastructure.
Gino Matos 9 min read
Scams News
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Scams
SEC filings reveal the multi-million dollar trap hiding inside ‘exclusive’ WhatsApp crypto investment clubs
The SEC's complaint maps the playbook of group chat "signals," phony STOs, and a withdrawal-fee twist, plus how to verify licenses in minutes.
Exchanges
Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers
An arrested support agent and a massive bribery plot have forced the exchange to reimburse millions while facing a federal probe into its outsourced security teams.
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Hacks
Binance CEO hacked by cell carrier exploit that likely leaves your own crypto exposed
While BNB remained flat, the heist exposes the "soft underbelly" of crypto market infrastructure: executive identities are becoming single points of failure.
Governance
Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence
Late-night traders bought odds at 99 cents just before a token-weighted vote overruled the public consensus, exposing a massive flaw in "truth" markets.
Scams
Top-ranked Chrome ‘wallet’ sneakily steals crypto seedphrases
A top-ranked Chrome wallet quietly exfiltrated seed phrases using Sui micro-transactions—and no one noticed until it was too late.
Crime
Will $7.2B BTC in seized Bitcoin crash the market in January?
A ruling on loss vs. mark-to-market will decide who gets the upside and how coins hit the market.
Hacks
Crypto hacker falls victim to own scam losing $50 million to phishing attack
The UXLINK attacker had minted 2 billion unauthorized tokens and was selling them via exchanges.
Hacks
New ‘sophisticated’ phishing exploit drains $3M in USDC from multi-sig wallet
An attacker used a fake Etherscan-verified contract, exploiting the Safe Multi Send mechanism to disguise fraudulent approvals.
More Scams News Headlines
Scams
Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements
Crypto
Polygon developer calls World Liberty Financial the ‘scam of all scams”
Crime
Ethereum smart contracts quietly push javascript malware targeting developers
Hacks
